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Elza [17]
2 years ago
12

mary invested £12000 in a savings account. the account pays 1.5% compound interest per year. work out value of her investment af

ter 2 years
Mathematics
1 answer:
Irina18 [472]2 years ago
3 0
Hi there! The formula for compound interest is P(1 + r)^t, where P = Principal (initial amount), r = rate (percentage rate), and t = time (years). Let's start off by adding 1 to the percentage rate in decimal form. 1.5% is 0.015 in decimal form. 1 + 0.015 is 1.015. The amount of time is 2 years, so we raise that decimal to the 2nd power. 1.015^2 is 1.030225. Do not delete this decimal from the calculator. Now, let's multiply it by the principal, which is 12,000 British pounds. When you multiply that decimal by 12,000, you get 12,362.70. There. Mary's investment will be a value of £12,362.70.
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A missile can be accidentally launched if two relays Aand Bboth have failed. The probabilities of Aand B failing are known to be
Reil [10]

Answer:

A. 0.006

B. 0.02

C. They are dependent

Step-by-step explanation:

Given

P(A) = 0.01 ---- The probability that A faile

P(B) = 0.03 --- The probability that B fails

P(B|A) = 0.06 ---- The probability that B will fail if A fails

A. What is the probability of an accidental missile launch?

If an accidental missile is launched, then this means we're asked to calculate the probability that A fails and B fails

This is given by P(A and B)

The expression,

P(B|A)=P(A and B)/P(A) will be used to solve this question.

Substitute in the values

0.06 = P(A and B) / 0.01 ---- Make P(A and B) the subject of formula

P(A and B) = 0.01 * 0.06

P(A and B) = 0.006

B. What is the probability that A will fail if B has failed?

Here, we're to calculate P(A|B)

This is calculated by

P(A|B)=P(A and B)/P(B)

Where P(A and B) = 0.006

Substitute in the values

P(A|B) = 0.006 / 0.03

P(A|B) = 0.02

C. Are the events "A fails" and ''B fails" statistically independent?

If the occurrence of event A fails does not affect the occurrence of the event B fails and vice versa then they are independent.

Meaning that if P(B|A)=P(B) or P(A|B)=P(A) they are independent.

But P(A|B) = 0.02 and P(A) = 0?01

Since the values are not the same

Then, we can conclude that they are dependent

7 0
2 years ago
The population of Rock Springs is growing at a constant rate. The expression represents the increase in population in x years. 4
shusha [124]
The expression is given such as:
45, 200 + 1900x

We are asked to solve for the initial production, which means we have x = 0
The solution is shown below:
45, 200 + 1900*0
= 45,200 +0
=45, 200

The answer is letter "C" 45, 000.
8 0
2 years ago
There is a point $A$ with positive coordinates such that the sum of the coordinates of $A$ is $14$. If the $x$-coordinate of $A$
ch4aika [34]

Answer:

  5

Step-by-step explanation:

<u>Given</u>:

  A = (a, 14-a)

  P = (3a, a^2 +13a -11)

  the slope of AP is 7

  a > 0

<u>Find</u>:

  a

<u>Solution</u>:

The slope of AP is ...

  m = (Py -Ay)/(Px -Ax)

  7 = (a^2 +13a -11 -(14 -a))/(3a -a)

  14a = a^2 +14a -25

  25 = a^2

  a = √25 = 5 . . . . . the positive solution

The value of 'a' is 5.

_____

<em>Check</em>

The point A is (a, 14-a) = (5, 9).

The point P is (3a, a^2 +13a -11) = (15, 79)

The slope of AP is (79 -9)/(15 -5) = 70/10 = 7.

6 0
1 year ago
A bacon cheeseburger at a popular fast food restaurant contains 2,070mg of sodium, which is 86% of the recommended daily amount.
svp [43]
2,070mg 86%
— = —
? mg 100%

Cross multiply (2,070 X 100) which equals 207,000

Then divide 207,000 by 86 which equals
2,406.976

Then you round so you get 2,407


The Answer is 2,407 milligrams
5 0
2 years ago
Grace works as a salesperson at an electronics store and sells phones and phone accessories, and makes a fixed commission for ea
spayn [35]

Answer:

Commissions:

Accessoriy: $2

Phone: $9

Step-by-step explanation:

18p + 21a = 204

6p + 14a = 82

21a = 42

a = 2

p = [82 - 14(2)]/6 = 9

4 0
2 years ago
Read 2 more answers
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